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Sept. 28, 2020, 4:52 p.m. EDT

Tesla Inc. stock outperforms market on strong trading day

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Shares of Tesla Inc. TSLA rallied 3.40% to $421.20 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.87% to 11,117.53 and the Dow Jones Industrial Average DJIA rising 1.51% to 27,584.06. This was the stock's third consecutive day of gains. Tesla Inc. closed $81.29 below its 52-week high ($502.49), which the company achieved on September 1st.

The stock outperformed some of its competitors Monday, as Ford Motor Co. F rose 2.76% to $6.69, General Motors Co. GM rose 1.52% to $29.44, and NIO Inc. ADR NIO rose 2.67% to $18.81. Trading volume (49.4 M) remained 28.8 million below its 50-day average volume of 78.2 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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